Episode 116: Liquid Courage

Bitcoin Dad Pod

Pre-Show

• The bitcointalk.org original hodl post is 9 years old and expresses many of the sentiments of the Game Stop Apes of January 2021

News

• Stacker news, a reddit clone that upvotes via lightning, has started OFAC complicance due to fears about US Financial regulation

  • This might tie in with the politics of US Payroll taxes and maximizing tax collection
  • NTA Blog: Heard Loud and Clear: IRS Postpones Implementation of $600 Form 1099-K Reporting by a Year - TAS

• As bitcoin transaction costs have risen, activity on the Liquid sidechain remains low while Alby, a popular bitcoin web payments plugin, is advertising a bounty to include Liquid support

• A high level critique of the Blockstream Liquid Sidechain, that is basically correct

  • Liquid Network 🌊 on X

"Under the high-fee market, there has been a renewed interest in second layers, resulting in an increased usage and adoption of Liquid 🌊.

• Marina - Liquid Wallet on X: "Pay and get paid via ⚡️ #LightningNetwork directly with your @Liquid_BTC balance. No channels, no routing errors, and no force close fees. 👀 Coming soon to your @MarinaWallet https://t.co/fl9Rs1qFcl" / X
• Introducing Liquid Network to the Alby Browser Extension

• Managing Liquidity on the Lightning Network - Builder's Guide

• Ronin Dojo, the backend for Samurai Wallet, removes BISQ and bitcoin knots support

Economics

• US mainstream news declares inflation dead, just in time for Christmas but it conflates inflation with prices

• The U.S. Federal Reserve, a central bank, has changed their messaging from "higher interest rates for longer" at the begining of December to "thinking about cutting", but no one actually knows what data point has changed this perspective

Bitcoin Education

• Bitcoin Optech Year in Review, highlights the developments and controversies of the last year of bitcoin development

Feedback

• Remember to get in touch [e-mail] or @bitcoindadpod on twitter

• Consider joining the matrix channel using a matrix client like element, details here

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Value for Value

• Podcasting 2.0 to support an indepenent podcasting ecosystem
• Recomended Podcasting2.0 apps:
  • Fountain podcast app (Android)
  • Podverse (Cross platform and self hostable) + Alby for boosts
  • Castamatic (Apple)

Sponsors and Acknowledgements

Music by Lesfm from Pixabay
Self Hosted Show courtesy of Jupiter Broadcasting